PM Review 1
Neutral
The perfectmarkets website is no longer open. It's a pity, I think their account opening threshold is only 50 US dollars, which is very friendly.
FX1278739938
2023-03-01
PM Forex Broker provides real users with * positive reviews, 1 neutral reviews and * exposure review!
PM Broker Review
1.52
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Business
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No license 
PM Financials 2025 Review: Everything You Need to Know
In the competitive landscape of forex trading, PM Financials stands out for its user-friendly platform and robust customer support. However, potential traders should be cautious due to mixed reviews regarding its withdrawal processes and regulatory standing. This review aims to provide a comprehensive overview of PM Financials, highlighting both its strengths and weaknesses.
Note: It's crucial to recognize that PM Financials operates under different entities across regions, which can impact the trading experience. Our analysis draws on various sources to ensure fairness and accuracy in evaluating this broker.
Ratings Overview
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 6 |
| Tools and Resources | 7 |
| Customer Service and Support | 8 |
| Trading Setup (Experience) | 7 |
| Trustworthiness | 5 |
| User Experience | 6 |
We rate brokers based on a combination of user feedback, expert opinions, and factual data from multiple sources.
Broker Overview
Founded in 2023, PM Financials is a relatively new player in the forex market, headquartered in Mauritius and regulated by the Financial Services Commission (FSC) of Mauritius. The broker offers a variety of trading platforms, including MetaTrader 5 (MT5), which is known for its advanced charting capabilities and user-friendly interface. Traders can access a wide range of asset classes, including forex, commodities, and cryptocurrencies.
Detailed Analysis
Regulatory Environment
PM Financials is regulated by the FSC of Mauritius, which, while better than being unregulated, does not hold the same reputation as top-tier regulators like the FCA or ASIC. This has raised concerns among traders regarding the safety of their funds. According to BrokersView, investors are advised to exercise caution when dealing with brokers regulated by lesser-known authorities.
Deposit and Withdrawal Options
Depositing and withdrawing funds with PM Financials is relatively straightforward. The broker supports several funding methods, including bank transfers, credit/debit cards, and e-wallets like Skrill and Neteller. However, user reviews indicate that the withdrawal process can be slow, which has been a point of frustration for some traders. One user noted, “The withdrawal took longer than expected, which made me question the reliability of PM Financials” (FXDailyInfo).
Minimum Deposit and Promotions
The minimum deposit required to open an account with PM Financials is $100. The broker also frequently offers promotions, including a $50 no deposit bonus for new traders. However, some users have reported that the terms attached to these bonuses can be convoluted and difficult to meet, leading to dissatisfaction among clients.
Trading Costs
PM Financials prides itself on competitive spreads, with some reports indicating spreads starting as low as 1.6 pips for major currency pairs. However, some reviews suggest that actual trading conditions may vary, and traders should verify the costs before committing. According to BrokersView, the broker's leverage can go up to 1:400, which is appealing for high-volume traders looking to maximize their profits.
Trading Platforms
The primary trading platform offered by PM Financials is MetaTrader 5, which is highly regarded in the industry for its comprehensive features and ease of use. The platform supports both mobile and web trading, allowing traders to manage their accounts on the go. Users have noted that the platform is intuitive, making it suitable for both beginners and experienced traders.
Restricted Regions and Customer Support
PM Financials is accessible in various regions, but some countries may face restrictions. Customer support is available 24/7 through live chat, email, and phone, and many users have praised the responsiveness and knowledge of the support team. One user remarked, “The customer support at PM Financials is excellent; they resolved my issue quickly” (FXStreet).
Rating Breakdown
| Category | Rating (out of 10) | Detailed Explanation |
|---|---|---|
| Account Conditions | 6 | Minimum deposit of $100, with various account types available, but withdrawal delays noted. |
| Tools and Resources | 7 | Offers educational resources and trading tools, but lacks some advanced analytical features. |
| Customer Service and Support | 8 | Generally positive feedback on responsiveness and support quality. |
| Trading Setup (Experience) | 7 | MT5 platform is user-friendly, but some users report issues with actual trading conditions. |
| Trustworthiness | 5 | Regulated by FSC Mauritius, but mixed reviews on reliability and fund safety. |
| User Experience | 6 | User-friendly interface, but concerns over withdrawal processes impact overall satisfaction. |
Conclusion
PM Financials presents a mixed bag for potential traders. While it offers a user-friendly platform, competitive spreads, and responsive customer support, concerns regarding withdrawal delays and regulatory stature cannot be overlooked. As with any broker, it's essential for traders to conduct thorough research and consider their own trading needs before committing to PM Financials. Overall, this broker could be a solid choice for those willing to navigate its complexities, but caution is advised.
For those considering PM Financials, it may be beneficial to read additional PM review articles and gather more user experiences to make an informed decision.
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